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The art of Trading MAs

  • #441
  • Jul 10, 2008 1:45am Jul 10, 2008 1:45am
guys...nervous and with this one....hope it follow the 30mins....
Attached Images
  • #442
  • Edited 2:23am Jul 10, 2008 2:12am | Edited 2:23am
Quoting CindyXXXX
Hi piperomia

I'd have to disagree with you there about adding more to the trade.. Technically the trade would of been BE at best if you were strictly following the rules of this system because the price never hit the bottom green line (one exit) and when the EMA's crossed back up (other exit) the trade would ...
Hi,

get out on the next ema cross in the opposite direction!
So piperomia should get some pips ...

Watch the chart!
Attached Image (click to enlarge)
Click to Enlarge Name: 8817cog_ema cross outside gold line.gif Size: 28 KB
  • #443
  • Jul 10, 2008 3:06am Jul 10, 2008 3:06am
oh sorry I was just looking at the chart he posted and it looked otherwise!

Anyway EUR-CHF just signaled a long...
Attached Image (click to enlarge)
Click to Enlarge Name: ec1.gif Size: 20 KB
Time hides Nothing
  • #444
  • Jul 10, 2008 5:42am Jul 10, 2008 5:42am
EC going well after shakey start

(5 pips off stop loss)

will post results when it finishes.... Come on guys post some set ups or trades it's getting very cold in here lol

By the way Scatch on my charts the UC trade would have been in negative PIPS after the EMA crossed back up check it out

Are you going by the close of the candle?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ec2.gif Size: 21 KB
Click to Enlarge Name: uc.gif Size: 27 KB
Time hides Nothing
  • #445
  • Jul 10, 2008 5:48am Jul 10, 2008 5:48am
Hey Endroute if you're reading this this thread doesn't want to hear me ranting on about about my trades and opinions ....

WE WANT YOU!

As soon as you stop posting people seem to lose interest in this thread. I and I'm sure many others would love to hear from you if you're still interested in running this thread.

Anyway thanks for the system, please stay with us

Cheers
Time hides Nothing
  • #446
  • Jul 10, 2008 6:08am Jul 10, 2008 6:08am
Quoting CindyXXXX
EC going well after shakey start

(5 pips off stop loss)

will post results when it finishes.... Come on guys post some set ups or trades it's getting very cold in here lol

By the way Scatch on my charts the UC trade would have been in negative PIPS after the EMA crossed back up check it out

Are you going by the close of the candle?
Oh, the EUR CHF is a nice one! Please remember to post the results!

UC ... hmm I can't see it live ... the chart posted by piperomia has a longer bull candle then yours. Has anyone really traded this one? Maybe he or she can tell us

@ steven_leo ... if your ema 5 crosses the ema 13 it is valid. Trust the system, follow the rules and manage your risk. Then it can be a good trade. (Trade at your own risk!)
  • #447
  • Jul 10, 2008 6:25am Jul 10, 2008 6:25am
Hello,

This time I follow Endroute....
On GBP/CHF, signal for buying... EMA crossed up.
I just set TS 30 pips... no SL set (because previous experience, touched SL before follow the trend again)...

T.A.Y.O.R...
Attached Image (click to enlarge)
Click to Enlarge Name: GCHF 1 Hr #2 (10July08).PNG Size: 52 KB
  • #448
  • Jul 10, 2008 6:30am Jul 10, 2008 6:30am
Quoting atuque1
Hello,

This time I follow Endroute....
On GBP/CHF, signal for buying... EMA crossed up.
I just set TS 30 pips... no SL set (because previous experience, touched SL before follow the trend again)...

T.A.Y.O.R...
The cross on today 14:00 isn't valid!!
There is no candle that closes below the lower green line. I would be trading this one!
  • #449
  • Jul 10, 2008 7:00am Jul 10, 2008 7:00am
Quoting scratch
The cross on today 14:00 isn't valid!!
There is no candle that closes below the lower green line. I would be trading this one!
Hi scratch,
I thought I read the setup correctly, that the close of candle below the lower green line.. or at least near the green line?
Maybe my mistake again??
  • #450
  • Jul 10, 2008 7:04am Jul 10, 2008 7:04am
Quoting atuque1
Hi scratch,
I thought I read the setup correctly, that the close of candle below the lower green line.. or at least near the green line?
Maybe my mistake again??
Try to work on your patience ... you will get valid signals day by day!
But, please post your results!
  • #451
  • Jul 10, 2008 7:19am Jul 10, 2008 7:19am
Quoting scratch
Try to work on your patience ... you will get valid signals day by day!
But, please post your results!
Thanks Scratch....
I think I have to be more & more patient.... the key for success traders....
  • #452
  • Jul 10, 2008 9:07am Jul 10, 2008 9:07am
Quoting atuque1
Thanks Scratch....
I think I have to be more & more patient.... the key for success traders....
This is the result of impatience....
Attached Image (click to enlarge)
Click to Enlarge Name: GCHF 1 Hr #2 (10July08).PNG Size: 58 KB
  • #453
  • Jul 10, 2008 9:34am Jul 10, 2008 9:34am
Hi guys I am new to this forum, but i really like this system, so I am doing some paper trading to see how well will it perform. I think that we have a nice set up on the EUR/USD pair, according to endroutes rules.

What do you think?
  • #454
  • Jul 10, 2008 10:25am Jul 10, 2008 10:25am
Quoting goranm
Hi guys I am new to this forum, but i really like this system, so I am doing some paper trading to see how well will it perform. I think that we have a nice set up on the EUR/USD pair, according to endroutes rules.

What do you think?
I dunno mate - IMO this would be buying pretty damb high! the MA's crossed but the candle it crossed on was well above the middle line. I would be nervous taking this trade myself but you never know.

Anyone else have any thoughts?
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 23 KB
Time hides Nothing
  • #455
  • Jul 10, 2008 12:17pm Jul 10, 2008 12:17pm
Quoting atuque1
This is the result of impatience....
Hey mate I dunno what the drama is.

You have your rules for entry and they are black and white. It either IS or ISN'T a trade. If it is then take it if it isn't then just wait for the next bus

What is so hard about that?

No need to learn patience just DO IT! Plan your trade and trade your plan.

As a great trader once said "most of the money is made sitting and waiting"

hence: by not losing you are essentially winning! Think about it!

Good trading mate
Time hides Nothing
  • #456
  • Jul 10, 2008 2:41pm Jul 10, 2008 2:41pm
Hee guys.

I have been using this for a number of months and am always in to learn more about something. Will go over it from the very start later today and share if I have anything to add.

Greetings from Puerto Vallarta
  • #457
  • Edited 8:16pm Jul 10, 2008 7:38pm | Edited 8:16pm
As traders we need to populate our trading tool bags with knowledge and tools. You can never stop learning, you need to keep an open mind and always be willing to listen to what others have to say and are doing, you never know you might pick up something truely worth while.

So with that said everyone puts so much focus on the entry and then everyone forgets about the exits. Let me tell you exits are more important than the entries.

Some good exits on the 1 hour charts.

1. Candle Stick Patterns - Don't laugh they work really well. See the attached candle sticks document.

2. Stochastic - a great tool to use on the 1 hour chart is a 4hr 10.3.3 stochastic, when it starts to turn in the opposite direction exit the trade, the downside with this is it requires lots of Patience, for those of us without patience you can use the 1 hr 14.3.3 of whatever stoch setting you choose.

3. MA Cross - for me I still like the 5/13 - yes you give back some pips but I think you make more over time than you give back, but you can also use a quick set like the 5/8 or something similiar.
Attached File(s)
File Type: pdf Candle Sticks.pdf   90 KB | 1,413 downloads
  • #458
  • Jul 10, 2008 7:49pm Jul 10, 2008 7:49pm
Quoting CindyXXXX
Hey mate I dunno what the drama is.

You have your rules for entry and they are black and white. It either IS or ISN'T a trade. If it is then take it if it isn't then just wait for the next bus

What is so hard about that?

No need to learn patience just DO IT! Plan your trade and trade your plan.

As a great trader once said "most of the money is made sitting and waiting"

hence: by not losing you are essentially winning! Think about it!

Good trading mate
I have visited this thread and read about this system many times. This is my first post on this thread. It has been over 4 year since I start trading forex. One thing I realize is that without patience, you can just quit the forex game because it is not going to work for you.

I am live trading and I have trades that stay there for 3 weeks or more. Most people would want to either cut their losses and get out or quickly take a few pips and move on.
We learn that this is not the way to really make money in forex. If you trade like that your losses will always be more than your wins.

PATIENCE, and more PATIENCE. At least this is mwhat works for me.

Right now I am trading with almost no loss (YES I MEAN THAT) No loss. How I do it? Patience my Friend.
  • #459
  • Jul 10, 2008 8:22pm Jul 10, 2008 8:22pm
Quoting endroute
As traders we need to populate our trading tool bags with knowledge and tools. You can never stop learning, you need to keep an open mind and always be willing to listen to what others have to say and are doing, you never know you might pick up something truely worth while.

So with that said everyone puts so much focus on the entry and then everyone forgets about the exits. Let me tell you exits are more important than the entries.

Some good exits on the 1 hour charts.

1. Candle Stick Patterns - Don't laugh they work really well. See the attached candle sticks document.

2. Stochastic - a great tool to use on the 1 hour chart is a 4hr 10.3.3 stochastic, when it starts to turn in the opposite direction exit the trade, the downside with this is it requires lots of Patience, for those of us without patience you can use the 1 hr 14.3.3 of whatever stoch setting you choose.

3. MA Cross - for me I still like the 5/13 - yes you give back some pips but I think you make more over time than you give back, but you can also use a quick set like the 5/8 or something similiar.
Nice to see you here again Endroute.... Tried to open the PDF File, but it is corrupted, can you pls attach again?
  • #460
  • Jul 10, 2008 8:26pm Jul 10, 2008 8:26pm
Hello All,
This morning, saw this long signal on GU 1 Hr TF. EMA crossed and going up.
Just entered Long.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 1 Hr (11July08).PNG Size: 62 KB
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